The analysis of Global Total Internal R&D Personnel in the manufacture of Basic Pharmaceutical Products and Preparations highlighted a diverse distribution across countries for 2023. China led significantly with a share of 61.67%, followed by Japan and Germany with 10.32% and 8.83%, respectively. South Korea also showed noteworthy growth, exhibiting a 6.14% year-on-year increase. The United Kingdom demonstrated considerable positive growth at 12.62%, while New Zealand experienced a significant contraction of -14.73%. Over the last five years, China and South Korea had steady growth, while Japan's and Canada's shares declined.
Looking ahead, trends to watch include emerging market expansions and potential R&D investments in specific regions, particularly in Asia. The increasing demand for innovative pharmaceutical solutions is expected to drive up R&D activities globally, with countries aiming to enhance their share through strategic investments and technological advancements.
Top countries in Total Internal R&D Personnel in Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations Share by Country (Units (Full-Time Equivalent))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 61.67 | 2023 | +4.91% | +4.44% | View data |
| 2 | 2 Japan | 10.32 | 2023 | -0.89% | -0.79% | View data |
| 3 | 3 Germany | 8.83 | 2023 | +0.95% | +1.14% | View data |
| 4 | 4 South Korea | 4.57 | 2023 | +5% | +6.14% | View data |
| 5 | 5 Italy | 2.18 | 2023 | +1.84% | +2.79% | View data |
| 6 | 6 Spain | 2.14 | 2023 | +0.95% | +0.99% | View data |
| 7 | 7 United Kingdom | 1.66 | 2023 | +2.41% | +12.62% | View data |
| 8 | 8 Canada | 1.48 | 2023 | +0.13% | -0.4% | View data |
| 9 | 9 Taiwan | 1.21 | 2023 | +2.68% | +1.02% | View data |
| 10 | 10 Hungary | 0.99 | 2023 | +0.36% | -0.12% | View data |
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